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Nuvo Research: 1Q Earnings Snapshot

MISSISSAUGA, Ontario (AP) _ Nuvo Research Inc. (NRIFF) on Thursday reported a first-quarter loss of $134,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Mississauga, Ontario-based company said it had a loss of 1 cent. Earnings, adjusted for amortization costs, came to 2 cents per share.

The drugmaker posted revenue of $3.5 million in the period.

The company's shares closed at $2.33. A year ago, they were trading at $3.20.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NRIFF at https://www.zacks.com/ap/NRIFF